- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0048658

About Log 9 Materials Scientific Private Limited
Data last updated:
Log 9 Materials Scientific Private Limited is a private limited company based in Byatarayanapura, Karnataka, India. It operates in the biotechnology segment of the life sciences sector. It was incorporated on 21 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2015PTC126433. Its GSTIN is 29AACCL8712D1ZK (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6.06 Cr and a paid-up capital of ₹3.29 Cr. It is led by directors Pankaj Sharma and Akshay V Singhal.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Byatarayanapura, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.77 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹118.62 Cr (net margin -130.7%) and EBITDA of -₹73.87 Cr (EBITDA margin -81.4%). Revenue has grown at a compounded annual rate (CAGR) of 134% over three years and 226% over five years.
The company has about 290 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Log9. As per MCA filings, the company has open charges of ₹396.58 Cr and satisfied charges of ₹52.5 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 7 cases are pending. The company has 23 deals on record (13 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹375.16 Cr; the latest was in March 2023. Its 10 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles) are compared by revenue, 5 larger and 5 smaller; the largest is Awev Solutions Private Limited with revenue of ₹118.01 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 266 overdue payments to 106 micro and small suppliers.
Log 9 Materials Scientific Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0048658). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website log9materials.com.
CIN History of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific has one previous CIN (Corporate Identification Number): U29253UP2015PTC070227. The current CIN is U29253KA2015PTC126433, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253KA2015PTC126433 | Current |
| U29253UP2015PTC070227 | Previous |
Recognitions & Rankings of Log 9 Materials Scientific
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address# 9 Bellary Road Off Jakkur Main Rd Next To Aditya Birla Nuvo Ltd Jakkur La, Yout, Byatarayanapura, Karnataka, India – 560092
- IndustryLife Sciences, Biotechnology
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific operates one associated brand: Log9. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advanced battery technologies for energy storage are developed and supplied. | log9materials.com |
Business Activity of Log 9 Materials Scientific Private Limited
The main business activity of Log 9 Materials Scientific is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Log 9 Materials Scientific Private Limited FY 2024 filings available
Log 9 Materials Scientific Private Limited reported revenue of ₹90.77 Cr (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Log 9 Materials Scientific Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 226% over five years, including 48% growth in the latest year. EBITDA fell 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Log 9 Materials Scientific Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹90.77 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹73.87 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹118.62 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Log 9 Materials Scientific Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -81.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -130.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Log 9 Materials Scientific are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Sharma | Director | 24 Jan 2018 | 8 Years 8 Months | Current |
| Akshay V Singhal | Director | 21 Apr 2015 | 11 Years 6 Months | Current |
Peer Comparison of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Awev Solutions Private Limited | ₹118.01 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Chennai, Tamil Nadu, India |
| Aeroeagle Automobiles Private Limited | ₹117.75 Cr (FY 2025) | •••• | •••• | 668907.0% | •••• | Kalyan, Maharashtra, India |
| Khalsae-Vehicles Private Limited | ₹115.54 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Muzaffarnagar, Uttar Pradesh, India |
| Milyf Automotive Private Limited | ₹114.38 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Kolkata, West Bengal, India |
| Big Bull Trader Private Limited | ₹110.86 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Howrah, West Bengal, India |
| Yf India Private Limited | ₹107.65 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Evey E Vehicle Private Limited | ₹106.43 Cr (FY 2025) | •••• | •••• | 218.0% | •••• | Sirsa, Haryana, India |
| Zeoplus Axis India Private Limited | ₹104.93 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Libaspur, Delhi, India |
| Hop Electric Manufacturing Private Limited | ₹104.13 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Jaipur, Rajasthan, India |
| River Mobility Private Limited | ₹103.77 Cr (FY 2025) | •••• | •••• | 1795.0% | •••• | Bangalore, Karnataka, India |
| Log 9 Materials Scientific Private Limited this company | ₹90.77 Cr (FY 2024) | •••• | •••• | 48.0% | •••• | Byatarayanapura, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Log 9 Materials Scientific by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific Private Limited is audited by SGM & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SGM & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Log 9 Materials Scientific Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Log 9 Materials Scientific Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2024 | Others | ₹10 Cr | Open |
| 12 Jul 2024 | Others | ₹5 Cr | Open |
| 19 Jun 2024 | Others | ₹5 Cr | Open |
| 19 Jun 2024 | Others | ₹4 Cr | Open |
| 18 Mar 2024 | Others | ₹118.11 Cr | Open |
Total charge records: 28 View all charges
Deals & Funding of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific Private Limited has 23 deals on record (13 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹375.16 Cr; the latest was in March 2023.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Funding round · Series B | ₹50.81 Cr | Investors: Catamaran Ventures, Trifecta Capital, LVX (LetsVenture) |
| Jan 2023 | Funding round | ₹16.89 Cr | Investors: Cbc Co. Limited, Harulika Ventures Private Limited, Oxy Ventures Private Limited |
| Jan 2023 | Funding round | ₹7.5 Cr | Investors: Rajeev Chitrabhanu HUF, Akshara Motors Private Limited , Cauvery Motors Private Limited , an individual |
| Aug 2022 | Funding round · Series B | ₹160.33 Cr | Investors: PETRONAS Ventures, Amara Raja Energy & Mobility Limited |
| Jan 2018 | Funding round · Pre-Series A | ₹3.06 Cr | Investors: Metaform Ventures, Gems Partners, 2 individuals |
Full deal history
All 23 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific Private Limited has 16 court cases on record: 1 filed by Log 9 Materials Scientific, 15 filed against it. 7 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 6 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Amu Leasing Private Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Oxyzo Financial Services Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Purple Petal Invest Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Wirelive Networks Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Smas Auto Leasing India Private Limited | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 266 overdue payments to 106 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 106)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| LPS Bossard Private Limited | •••• | •••• | •••• |
| RK Engineering | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Formulateip Technolegal Solutions Private Limited. | •••• | •••• | •••• |
| Atlas Metal Industries Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific Private Limited has a workforce of 290 employees as of May 16, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Log 9 Mobility Private Limited | U50400KA2021PTC155394 | Locked |
| Log 9 Spill Containment Private Limited | U74999KA2019PTC125382 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Chinnugounder Senthilkumar ceased to be Nominee Director on 24 Dec 2024.
37 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Log 9 Materials Scientific Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Log 9 Materials Scientific Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL8712D1ZK | Karnataka | Active | 01 Aug 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Log 9 Materials Scientific Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Log 9 Materials Scientific Private Limited
Frequently Asked Questions about Log 9 Materials Scientific Private Limited
Log 9 Materials Scientific is an active private limited company based in Byatarayanapura, Karnataka, India. The company works in biotechnology, within the life sciences industry. It was incorporated on 21 April 2015 (11+ years old) and is registered under CIN U29253KA2015PTC126433.
Log 9 Materials Scientific reported revenue of ₹90.77 Cr for FY 2024 (up 48% YoY).
Log 9 Materials Scientific has 2 current directors:
- Pankaj Sharma - Director
- Akshay V Singhal - Director
Log 9 Materials Scientific reported a net loss of ₹118.62 Cr (net margin -130.7%) and EBITDA of -₹73.87 Cr (EBITDA margin -81.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Log 9 Materials Scientific is 134% over three years and 226% over five years. In the latest year (FY 2024) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Log 9 Materials Scientific is 29AACCL8712D1ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Log 9 Materials Scientific is U29253KA2015PTC126433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Log 9 Materials Scientific has 16 court cases on record: 1 filed by the company and 15 filed against it. 7 are pending. Most are in the district courts.
Log 9 Materials Scientific was incorporated on 21 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Log 9 Materials Scientific has 23 deals on record (13 funding rounds, 7 secondary share transfers, 2 rights issues), with disclosed funding of ₹375.16 Cr; the latest was in March 2023.
The peers of Log 9 Materials Scientific by revenue are Awev Solutions Private Limited, Aeroeagle Automobiles Private Limited, Khalsae-Vehicles Private Limited, Milyf Automotive Private Limited, Big Bull Trader Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).
Chinnugounder Senthilkumar ceased to be Nominee Director on 24 Dec 2024. Kartik Hajela ceased to be Additional Director on 29 Sep 2021. Aditya Prakash Gupta ceased to be Nominee Director on 09 Aug 2021. Log 9 Materials Scientific has 11 board changes on record in total.